Devon, Alberta, Canada
As of August 12, 2026, the median asking price in Devon is $599,998, across 19 active MLS® listings.
Those listings have been on the market an average of 68 days.
6 new listings came to market in Devon in the last 30 days.
Asking prices work out to about $329 per square foot, based on the 18 listings that report floor area.
Detached homes in Devon are listed at an average of $549,161 across 15 active listings.
Devon is a small, family-oriented riverside community southwest of Edmonton, with a mix of older bungalows, split-levels, and newer infill/estate-style homes. The neighbourhood has a quiet, small-town character with a strong owner-occupier base, but steady rental demand driven by workers commuting to Edmonton, Nisku/Leduc employment areas, and nearby industrial/energy services. Demographics skew toward families and established households, with a practical preference for detached homes and larger lots over high-density apartments.
Key amenities include river valley trails, parks and recreation facilities, everyday retail in-town, and quick access to Highway 60 and regional routes toward Edmonton and the airport corridor. Schools serving the community (including local elementary/junior options and nearby regional high school choices) support stable long-term tenancy. Transit is primarily car-dependent, which limits renter depth compared with Edmonton proper, but affordability and space keep Devon attractive. Real estate trends typically show slower, less volatile price movements than major metros, with yields supported by comparatively lower purchase prices and consistent demand for single-family rentals and basement suites.
Devon’s market currently has 20 active for-sale listings with a median asking price of $599,998 and an average of $313/sqft. Homes are taking about 66 days on market and with 6 new listings in the past 30 days, supply is being replenished steadily, giving buyers more choice and negotiating room while investors may find opportunities by targeting well-priced properties that can stand out and sell faster.
The median asking price in Devon is $599,998, across 19 active MLS® listings as of August 12, 2026. The average asking price is $625,643. These are list prices on homes currently for sale, not sale prices.
There are 19 active MLS® listings in Devon as of August 12, 2026. 6 of them came to market in the last 30 days.
Homes currently listed in Devon have been on the market an average of 68 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 19 homes currently listed in Devon, 79% detached houses, 5% townhouses, 5% duplexes.